pilot5 Posted March 9, 2010 Report Share Posted March 9, 2010 I know everybody hates to pay insurance, the big fire we had here in Quebec almost leveled a few companies and fried 14 helicopters into piles of molten metal . Luckily we unlike some where insured through Marsh and Gcan. We where the first to get paid for our loss and we even got the personailzed service of a visit from the the underwriter much to our surprise. Even today most of the losses have not been paid, 60 days after the event, people are still waiting and this has an effect on the ability for most to replace Aircraft and carry on. This will have a negative effect on cash flow. So out of the whole experience, at least we learned who not to insure our birds with. A big thanks to Marsh and Gcan for pulling through quickly. P5 Quote Link to comment Share on other sites More sharing options...
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